US Stocks Recover

2026-05-21 18:15 By Anna Fedec 1 min. read

US equities turned higher in the afternoon trading, reversing losses from earlier in the session as investors grew increasingly hopeful that the conflict involving Iran could come to an end.

US Secretary of State Marco Rubio said there were "some encouraging signs" of a potential agreement with Iran, the Financial Times reported.

Rubio said Pakistani mediators are expected to travel to Iran while Tehran considers Washington's latest proposal.

Meanwhile, on the corporate front, Nvidia shares declined despite beating earnings expectations and increasing its dividend, as its guidance for the upcoming quarter did not meet the upper range of analysts' estimates, which were common in past quarters.

Also, Intuit was down almost 20% as it would reduce its workforce by 17%.

Finally, Walmart sunk more than 6% despite beating the headline earnings metrics for the last quarter, pressured by a warning that higher fuel costs may hurt the business if sustained for longer.



News Stream
US Stocks Recover
US equities turned higher in the afternoon trading, reversing losses from earlier in the session as investors grew increasingly hopeful that the conflict involving Iran could come to an end. US Secretary of State Marco Rubio said there were "some encouraging signs" of a potential agreement with Iran, the Financial Times reported. Rubio said Pakistani mediators are expected to travel to Iran while Tehran considers Washington's latest proposal. Meanwhile, on the corporate front, Nvidia shares declined despite beating earnings expectations and increasing its dividend, as its guidance for the upcoming quarter did not meet the upper range of analysts' estimates, which were common in past quarters. Also, Intuit was down almost 20% as it would reduce its workforce by 17%. Finally, Walmart sunk more than 6% despite beating the headline earnings metrics for the last quarter, pressured by a warning that higher fuel costs may hurt the business if sustained for longer.
2026-05-21
The Dow Jones Index Opens 0.50% Lower
The Dow Jones Index is falling 252 points. Losses were driven by Walmart (-6.43%), Salesforce (-4.27%) and Sherwin-Williams (-2.20%). Biggest rises came from IBM (3.69%), Honeywell International (0.99%) and Chevron (0.97%).
2026-05-21
US Stocks Pull Back
US equities were firmly lower on Thursday as Treasury yields rebounded and results from Nvidia failed to extend the rally for AI companies. The S&P 500 and the Dow fell 0.3%, while the Nasdaq 100 dropped 0.5%. Nvidia shares hovered near the flatline despite beating earnings expectations and increasing its dividend, as its guidance for the upcoming quarter did not meet the upper range of analysts estimates, which were common in past quarters. Meanwhile, Intuit was 15% down as it would reduce its workforce by 17%. In turn, Walmart was 2% down after despite beating the headline earnings metrics for the last quarter, pressured by a warning that higher fuel costs may hurt the business if sustained for longer. Optimism over restored exports of Middle East energy eased from yesterday's session, lifting yields and pressuring broader equities. Despite broad pressure in the financial sector, Goldman Sachs rose to a record high.
2026-05-21